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Buffalo, Illinois

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
482
Population
$56,250
Median Income
$112,100
Home Value
45.9
Median Age

Demographics

Buffalo has a population of 482 with a median age of 45.9. Here is the racial and ethnic breakdown of the population:

White
87.1%
Other
11.2%
Hispanic
1.5%
Demographic Value
Total Population482
Median Age45.9
White87.1%
Asian0.2%
Hispanic or Latino1.5%
Other / Two or More Races11.2%
Buffalo, Illinois — racial composition (Census ACS 2024)Donut chart of 3 segments totaling 100.White: 87.1%Other: 11.2%Other: 1.7%482PopulationWhiteWhite87.1%OtherOther11.2%OtherOther1.7%

Income & Economy

The median household income in Buffalo is $56,250, which is 30.2% below the national median of $80,610. The per capita income is $33,113. The poverty rate is 16.6%.

$56,250
Median Household Income
$33,113
Per Capita Income
16.6%
Poverty Rate

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Education

In Buffalo, 89.5% of residents age 25+ have a high school diploma or higher, and 25.6% hold a bachelor's degree or higher (11.0% with a graduate or professional degree).

HS Diploma+
89.5%
Bachelor's+
25.6%
Graduate+
11.0%
Education Level % of Adults (25+)
High School Diploma or Higher89.5%
Bachelor's Degree or Higher25.6%
Graduate or Professional Degree11.0%

Housing

The median home value in Buffalo is $112,100, below the national median of $303,400. The median monthly rent is $533. The homeownership rate is 69.5%.

$112,100
Median Home Value
$533/mo
Median Rent
69.5%
Homeownership Rate
Housing Metric Value
Median Home Value$112,100
Median Monthly Rent$533
Homeownership Rate69.5%
Vacancy Rate10.0%

Salaries in Illinois

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Other Cities in Illinois

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Frequently Asked Questions

What is the population of Buffalo, Illinois?
The population of Buffalo, Illinois is 482 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Buffalo, Illinois?
The median household income in Buffalo, Illinois is $56,250. This is 30.2% below the national median of $80,610.
What is the median home value in Buffalo, Illinois?
The median home value in Buffalo, Illinois is $112,100. The median monthly rent is $533.
What percentage of people in Buffalo have a college degree?
In Buffalo, Illinois, 25.6% of adults age 25 and older hold a bachelor's degree or higher, and 89.5% have a high school diploma or higher.
Is Buffalo, Illinois an affordable place to live?
The home price-to-income ratio in Buffalo, Illinois is 2.0x (median home value $112,100 vs. median income $56,250), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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